Startup, TeleHealth 365 receives local financial support

Local News

A Vestal grad who is an executive of a startup telemedicine business is receiving financial support from a fellow Vestal alum.

TeleHealth365 held a news conference yesterday inside the Koffman Southern Tier Incubator in Binghamton where it currently has its offices.

The company’s Vice President for Business Development announced that it has gotten an investment from local developer Justin Marchuska the Second of Marchuska Brothers Construction.

TeleHealth365 sells video conferencing systems to rural hospitals and medical centers to alleviate long wait times to see specialists.

The business has partnered with Bassett Hospital in Cooperstown to offer dermatology services for the past 2 years.

VP for Business Development Adit Sharma says, “Within the first 2 weeks, a woman whose appointment was 10 months away, found out by seeing our dermatologist that she had skin cancer.  We could start treatment right away.  This is more than just being able to see a doctor, when you’re seeing a specialist, we have the ability to be saving lives.”

Besides dermatology, TeleHealth365 offers specialists in cardiology, psychiatry and endocrinology.

It was established in 2015 and been located in the incubator for the past 2 years.

Marchuska learned about it when he attended a recent startup pitch event there. “I’d like to see more local people invest.  Of course, I’m a local investor and business person and we’ve done very well with our business, been very successful.  I’m hoping other people take that cue and say, ‘Let’s invest in our future.'”

TeleHealth365 also works with rural health centers in Florida and Texas and is looking to expand its network.

It has a roster of specialists at large urban hospitals like Mount Sinai in New York City who typically provide the initial consult over the secure, encrypted and HIPAA compliant network.

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